Reports of layoffs at various Las Vegas casinos have been popping up for several months now, raising questions about whether the gaming industry is nearing an end to the post-COVID economic boom.
Experts and executives say the staff adjustments are strategic, part of a long-term shift toward greater efficiency and profitability in a post-pandemic market.
But with some operators reporting solid financial returns and major reinvestment projects still underway, the recent layoffs raise a pressing question: Why are some of the city’s largest casino operators reducing their workforce, even as overall demand for Las Vegas remains relatively strong?
“This seems to be part of a long-term trend to try to keep leaner operations that began during the (Great) Recession,” Amanda Belarmino, an assistant professor at UNLV’s William F. Harrah College of Hospitality, said.
